Ingersoll-Rand plc (Ireland) (IR) : Traders are bullish on Ingersoll-Rand plc (Ireland) (IR) as it has outperformed the S&P 500 by a wide margin of 2.3% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.96%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.3% in the last 1 week, and is up 2.08% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.16% and the fifty day Moving Average is 2.07%. Ingersoll-Rand Plc is up 2.24% in the last three month period. Year-to-Date the stock performance stands at 23.63%.
Ingersoll-Rand plc (Ireland) (IR) : 12 investment research analysts covering Ingersoll-Rand plc (Ireland) (IR) have an average price target of $73.83 for the near short term. The highest target price given by the Brokerage Firm to the stock is $80 and the lowest target is $60 for the short term. Analysts expect the variance to be within $5.13 of the average price.
Ingersoll-Rand plc (Ireland) (NYSE:IR): On Fridays trading session , Opening price of the stock was $68.02 with an intraday high of $68.3. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $67.34. However, the stock managed to close at $67.64, a loss of 0.22% for the day. On the previous day, the stock had closed at $67.79. The total traded volume of the day was 851,899 shares.
Ingersoll-Rand Public Limited Company (IR-Ireland) is a diversified, global company that provides products, services and solutions to improve the quality and comfort of air in homes and buildings, transport and protect food and perishables. The Company is also engaged in the design, manufacture, sale and service of a portfolio of industrial and commercial products. The Company focuses on parts, service, used equipment and rentals. Its business segments consist of Climate and Industrial. The Climate segment includes Trane and American Standard Heating and Air Conditioning, which provides heating, ventilation and air conditioning (HVAC) systems; commercial and residential building services, parts, support and controls, and Thermo King transport temperature control solutions. The Industrial segment includes Ingersoll Rand compressed air systems and services, power tools, material handling systems, ARO fluid management equipment, Club Car golf, utility and rough terrain vehicles.